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Why is the Fed referred to as the "lender of last resort"?

samestepp

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Why is the Fed referred to as the "lender of last resort"?

Why is the Fed referred to as the "lender of last resort"?

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 113 times

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webmom2008

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samestepp Author

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A year ago

Thanks for your help!!

logbi

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Thanks

terriroberts96

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this is exactly what I needed

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